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Keywords: 737 MAX
Boeing has solidified its presence in Morocco’s aerospace sector by partnering with Casablanca Aéronautique, a subsidiary of France's Figeac Aéro Group, to produce machined parts for the 737 MAX aircraft. The agreement reinforces Boeing’s long-standing engagement in the......
Boeing posted a significant loss for 2024, reporting a $11.8 billion deficit after facing multiple setbacks throughout the year, including an extended labor strike, safety concerns with its commercial planes, and defense contract issues. The company incurred a $3.9 billion loss in the fourth quarter,......
Boeing workers have ended a seven-week strike after approving a new contract offering significant wage increases and bonuses. The International Association of Machinists and Aerospace Workers (IAM) announced that 59% of its members voted to accept the agreement, which will return approximately 33,000......
Factory workers at Boeing are currently voting on a new contract proposal that could potentially bring an end to a seven-week strike, which has significantly impacted production and financial stability for the aerospace manufacturer. The proposed agreement includes a substantial pay increase of 38% over......
In a decisive move to steer Boeing out of its current crisis, CEO Kelly Ortberg has unveiled a strategic plan aimed at revitalizing the beleaguered aerospace. The company recently reported staggering quarterly losses of $6 billion, contributing to an annual deficit nearing $8 billion, largely due to......
Boeing, one of the world’s largest aerospace companies, announced a dramatic reduction in its workforce, cutting 17,000 jobs approximately 10% of its total workforce as it grapples with ongoing challenges across its business. In an email to staff, CEO Kelly Ortberg confirmed that job cuts would......
In a high-stakes examination of aviation safety protocols, Boeing officials are set to face intense questioning from the National Transportation Safety Board (NTSB) regarding the alarming midflight panel blowout on a 737 Max aircraft. The two-day hearing, commencing Tuesday, promises to shed new light......
Boeing has agreed to plead guilty to fraud charges in an effort to avoid a potentially damaging trial related to the fatal crashes of its 737 Max aircraft. The plea deal with the U.S. Department of Justice has drawn sharp criticism from lawyers representing relatives of crash victims, who denounce it......
In a startling turn of events, United States prosecutors are seeking a guilty plea from Boeing regarding charges linked to the two fatal crashes of its 737 Max planes, attorneys representing the victims' families disclosed on Sunday. They strongly criticized the potential agreement as a "sweetheart......